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Previous: BLANCHARD PRECIOUS METALS FUND INC, 485BPOS, 1996-08-27 |
Next: BABSON STEWART IVORY INTERNATIONAL FUND INC, N-30B-2, 1996-08-27 |
SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15 (d) of the
Securities Exchange Act of 1934
Date of Report : August 26, 1996
(Date of earliest event reported)
Commission File No.: 33-72966
The Prudential Home Mortgage Securities Company, Inc.
Delaware 43-1490160
(State of Incorporation) (I.R.S. Employer
Identification No.)
5325 Spectrum Drive
Frederick, Maryland 21703
Address of principal executive offices (Zip Code)
(301) 846-8199
Registrant's Full Telephone Number
(Former name, former address and former fiscal year,
if changed since last report)
<PAGE>
ITEM 5. Other Events
On August 26, 1996 a distribution was made to holders of
certain series of Mortgage Pass-Through Certificates that were
sold by the registrant during the current year.
ITEM 7. Financial Statements and Exhibits
(c) Exhibits
Item 601(a) of
Regulation S-K
Exhibit Number Description
(EX-99.1) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-1, relating to the
August 26,1996 distribution
(EX-99.2) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-2, relating to the
August 26,1996 distribution
(EX-99.3) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-3, relating to the
August 26,1996 distribution
(EX-99.4) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-4, relating to the
August 26,1996 distribution
(EX-99.5) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-5, relating to the
August 26,1996 distribution
(EX-99.6) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-6, relating to the
August 26,1996 distribution
(EX-99.7) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-7, relating to the
August 26,1996 distribution
(EX-99.8) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-8, relating to the
August 26,1996 distribution
<PAGE>
Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on
its behalf by the undersigned hereunto duly authorized.
THE PRUDENTIAL HOME MORTGAGE SECURITIES COMPANY, INC.
August 26, 1996 by /s/ SHERRI J. SHARPS, AS ATTORNEY-IN-FACT
Sherri J. Sharps
Vice President, Norwest Bank Minnesota, N.A.
<PAGE>
INDEX TO EXHIBITS
Exhibit Number Description
(EX-99.1) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-1, relating to the
August 26,1996 distribution
(EX-99.2) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-2, relating to the
August 26,1996 distribution
(EX-99.3) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-3, relating to the
August 26,1996 distribution
(EX-99.4) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-4, relating to the
August 26,1996 distribution
(EX-99.5) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-5, relating to the
August 26,1996 distribution
(EX-99.6) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-6, relating to the
August 26,1996 distribution
(EX-99.7) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-7, relating to the
August 26,1996 distribution
(EX-99.8) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-8, relating to the
August 26,1996 distribution
<TABLE>
<CAPTION>
The Prudential Home Mortgage Securities Company, Inc.
Mortgage Pass-Through Certificates
Statements to Certificateholders
Record Date: 30-Jul-1996
Distribution Date: 26-Aug-1996
PHMSC Series 1996-1
Customer Service
Norwest Bank Minnesota, N.A.
Securities Administration Services
5325 Spectrum Drive
Frederick, MD 21703
Telephone:(301) 846-8130
Fax:(301) 846-8152
CERTIFICATE INFORMATION
Certificate Original Ending Ending
Pass-Through Face Certificate Certificate
Class CUSIP Rate Amount Balance Percentage
<S> <C> <C> <C> <C> <C>
A-1 74434UVC5 7.40000 51,223,000.00 46,903,346.59 0.91566965
A-2 74434UVD3 6.61000 52,537,000.00 48,106,536.52 0.91566965
A-3 74434UVE1 7.00000 30,425,000.00 30,425,000.00 1.00000000
A-4 74434UVF8 7.00000 19,433,000.00 19,433,000.00 1.00000000
A-5 74434UVG6 7.00000 5,000,000.00 5,000,000.00 1.00000000
A-6 74434UVH4 7.00000 10,000,000.00 9,944,808.70 0.99448087
A-R 74434UVJ0 7.00000 1,000.00 0.00 0.00000000
B-1 74434UVM3 7.00000 3,175,000.00 3,157,476.76 0.99448087
B-2 74434UVN1 7.00000 1,360,000.00 1,352,493.98 0.99448087
B-3 74434UVQ4 7.00000 1,451,000.00 1,442,991.74 0.99448087
B-4 74434UVR2 7.00000 816,000.00 811,496.39 0.99448087
B-5 74434UVS0 7.00000 907,741.82 902,731.88 0.99448088
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
PRINCIPAL DISTRIBUTION
Scheduled Unscheduled
Principal Principal Deferred Realized Principal
Class Distribution Distribution Accretion Interest Loss (1) Distribution
<S> <C> <C> <C> <C> <C> <C>
A-1 60,411.43 455,486.63 0.00 0.00 0.00 515,898.06
A-2 61,961.14 467,171.02 0.00 0.00 0.00 529,132.16
A-3 0.00 0.00 0.00 0.00 0.00 0.00
A-4 0.00 0.00 0.00 0.00 0.00 0.00
A-5 0.00 0.00 0.00 0.00 0.00 0.00
A-6 8,070.61 0.00 0.00 0.00 0.00 8,070.61
A-R 0.00 0.00 0.00 0.00 0.00 0.00
B-1 2,562.42 0.00 0.00 0.00 0.00 2,562.42
B-2 1,097.60 0.00 0.00 0.00 0.00 1,097.60
B-3 1,171.05 0.00 0.00 0.00 0.00 1,171.05
B-4 658.56 0.00 0.00 0.00 0.00 658.56
B-5 724.64 0.00 0.00 0.00 7.97 724.64
<FN>
(1) Amount Does Not Include Excess Special Hazard, Bankruptcy, Or Fraud Losses Unless Otherwise Disclosed.
Please Refer To The Prospectus Supplement For A Full Description.
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
INTEREST DISTRIBUTION
Payment
Current Of Previously Current Non-Supported
Accrued Deferred Unpaid Interest Interest Interest
Class Interest Interest Shortfall Shortfall Shortfall
<S> <C> <C> <C> <C> <C>
A-1 292,418.68 0.00 0.00 0.00 0.00
A-2 267,901.47 0.00 0.00 0.00 0.00
A-3 177,479.17 0.00 0.00 0.00 0.00
A-4 113,359.17 0.00 0.00 0.00 0.00
A-5 29,166.67 0.00 0.00 0.00 0.00
A-6 58,058.46 0.00 0.00 0.00 0.00
A-R 0.00 0.00 0.00 0.00 0.00
B-1 18,433.56 0.00 0.00 0.00 0.00
B-2 7,895.95 0.00 0.00 0.00 0.00
B-3 8,424.28 0.00 0.00 0.00 0.00
B-4 4,737.57 0.00 0.00 0.00 0.00
B-5 5,270.21 0.00 0.00 0.00 0.00
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
INTEREST DISTRIBUTION
Remaining Ending
Cumulative Unpaid Certificate/Notional Realized Interest
Class Interest Shortfall Balance Losses (2) Distribution
<S> <C> <C> <C> <C>
A-1 0.00 46,903,346.59 0.00 292,418.68
A-2 0.00 48,106,536.52 0.00 267,901.47
A-3 0.00 30,425,000.00 0.00 177,479.17
A-4 0.00 19,433,000.00 0.00 113,359.17
A-5 0.00 5,000,000.00 0.00 29,166.67
A-6 0.00 9,944,808.70 0.00 58,058.46
A-R 0.00 0.00 0.00 0.00
B-1 0.00 3,157,476.76 0.00 18,433.56
B-2 0.00 1,352,493.98 0.00 7,895.95
B-3 0.00 1,442,991.74 0.00 8,424.28
B-4 0.00 811,496.39 0.00 4,737.57
B-5 0.00 902,731.88 0.00 5,270.21
<FN>
(2) Amount Does Not Include Excess Special Hazard, Bankruptcy, Or Fraud Losses Unless Otherwise Disclosed.
Please Refer To The Prospectus Supplement For A Full Description.
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
PREPAYMENT INTEREST SHORTFALL
<S> <C>
Total Prepayment Interest Shortfall 1,720.04
Servicing Fee Support 1,720.04
Non-Supported Prepayment Interest Shortfall 0.00
</TABLE>
<TABLE>
<CAPTION>
SERVICING FEES
<S> <C>
Gross Servicing Fee 29,062.70
Master Servicing Fee 2,892.08
Supported Prepayment/Curtailment Interest Shortfall 1,720.04
Net Servicing Fees 30,234.75
</TABLE>
<TABLE>
<CAPTION>
SERVICER ADVANCES
<S> <C>
Beginning Balance 0.00
Current Period Advances By Servicer 65,528.97
Reimbursement of Advances 0.00
Ending Cumulative Advances 65,528.97
</TABLE>
<TABLE>
<CAPTION>
DELINQUENCY STATUS
Current Unpaid
Number of Number Of Principal
Days Loans Balance
<S> <C> <C>
30 Days 2 599,074.20
60 Days 0 0.00
90+ Days 0 0.00
Foreclosure 0 0.00
REO 0 0.00
Totals 2 599,074.20
</TABLE>
<TABLE>
<CAPTION>
ADDITIONAL DELINQUENCY STATUS INFORMATION
<S> <C>
Principal Balance of Contaminated Properties 0.00
Periodic Advance 110,749.69
Current Period Realized Loss - Includes Interest Shortfall 7.97
Cumulative Realized Losses - Includes Interest Shortfall 160.07
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
COLLATERAL STATEMENT
<S> <C>
Collateral Description Mixed Fixed Ratio Strip
Weighted Average Gross Coupon 7.638362%
Weighted Average Pass-Through Rate 7.000000%
Weighted Average Maturity (Stepdown Calculation) 346 Months
Beginning Scheduled Collateral Loan Count 621
Number of Loans Paid in Full 2
Ending Scheduled Collateral Loan Count 619
Beginning Scheduled Collateral Balance 173,526,648.12
Ending Scheduled Collateral Balance 172,463,173.94
Ending Actual Collateral Balance at 30-Jul-1996 172,806,603.61
Monthly P&I Constant 1,182,899.80
Class AP Deferred Amount 0.00
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
CREDIT ENHANCEMENT
Loss Description Original $ Original % Current $ Current %
<S> <C> <C> <C> <C>
Bankruptcy 100,000.00 0.05513137% 100,000.00 0.05798339%
Fraud 3,627,698.91 2.00000003% 3,627,698.91 2.10346292%
Special Hazard 2,031,879.96 1.12020321% 2,031,879.96 1.17815294%
<FN>
Limit of Subordination's Exposure for 100% of Certain Types of Losses
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
SUBORDINATION LEVEL
Class Original $ Original % Current $ Current %
<S> <C> <C> <C> <C>
A 7,709,741.82 4.25048611% 7,667,190.75 4.44569735%
B-1 4,534,741.82 2.50006519% 4,509,713.99 2.61488519%
B-2 3,174,741.82 1.75027859% 3,157,220.01 1.83066329%
B-3 1,723,741.82 0.95032244% 1,714,228.27 0.99396772%
B-4 907,741.82 0.50045048% 902,731.88 0.52343457%
B-5 0.00 0.00000000% 0.00 0.00000000%
<FN>
Please refer to the Prospectus Supplement For A Full Description Of Loss Exposure
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
The Prudential Home Mortgage Securities Company, Inc.
Mortgage Pass-Through Certificates
Statements to Certificateholders
Record Date: 30-Jul-1996
Distribution Date: 26-Aug-1996
PHMSC Series 1996-2
Customer Service
Norwest Bank Minnesota, N.A.
Securities Administration Services
5325 Spectrum Drive
Frederick, MD 21703
Telephone:(301) 846-8130
Fax:(301) 846-8152
CERTIFICATE INFORMATION
Certificate Original Ending Ending
Pass-Through Face Certificate Certificate
Class CUSIP Rate Amount Balance Percentage
<S> <C> <C> <C> <C> <C>
A-1 74434UWU4 7.25000 9,667,860.00 9,224,758.86 0.95416761
A-2 74434UWV2 7.25000 9,810,363.00 9,810,363.00 1.00000000
A-3 74434UWW0 7.25000 20,750,000.00 20,750,000.00 1.00000000
A-4 74434UWX8 7.25000 21,800,000.00 21,800,000.00 1.00000000
A-5 74434UWY6 7.25000 39,857,900.00 39,690,743.16 0.99580618
A-6 74434UWZ3 7.00000 4,996,513.00 4,774,962.49 0.95565897
A-7 74434UXR0 7.45000 57,959,566.00 55,389,579.03 0.95565897
A-8 74434UXA7 7.25000 44,500,000.00 41,739,339.55 0.93796269
A-9 74434UXB5 7.25000 5,250,000.00 5,250,000.00 1.00000000
A-10 74434UXC3 7.25000 5,000,000.00 5,000,000.00 1.00000000
A-11 74434UXD1 7.00000 5,325,000.00 5,325,000.00 1.00000000
A-12 74434UXE9 8.00000 1,775,000.00 1,775,000.00 1.00000000
A-13 74434UXF6 7.00000 3,000,000.00 3,000,000.00 1.00000000
A-14 74434UXG4 7.05000 59,689,996.00 57,043,280.11 0.95565897
A-15 74434UXH2 7.40000 60,962,267.00 58,424,241.72 0.95836728
A-16 74434UXJ8 6.85000 9,993,028.00 9,373,087.39 0.93796269
A-17 74434UXK5 8.00000 1,000,000.00 1,000,000.00 1.00000000
A-18 74434UXL3 6.65000 4,996,514.00 4,686,543.69 0.93796269
A-19 74434UXM1 7.45000 9,993,028.00 9,373,087.39 0.93796269
A-20 74434UXN9 7.13500 22,251,865.00 22,251,865.00 1.00000000
A-R 74434UXP4 7.25000 100.00 0.00 0.00000000
AP 74434UXQ2 0.00000 377,400.60 374,268.24 0.99170017
B-1 74434UYH1 7.25000 10,639,000.00 10,594,381.96 0.99580618
B-2 74434UYJ7 7.25000 4,255,000.00 4,237,155.30 0.99580618
B-3 74434UYK4 7.25000 3,192,000.00 3,178,613.33 0.99580618
B-4 74434UYL2 7.25000 4,468,000.00 4,449,262.01 0.99580618
B-5 74434UYM0 7.25000 1,915,000.00 1,906,968.84 0.99580618
B-6 74434UYN8 7.25000 2,128,275.14 2,119,349.54 0.99580618
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
PRINCIPAL DISTRIBUTION
Scheduled Unscheduled
Principal Principal Deferred Realized Principal
Class Distribution Distribution Accretion Interest Loss (1) Distribution
<S> <C> <C> <C> <C> <C> <C>
A-1 8,717.96 53,530.32 0.00 0.00 0.00 62,248.28
A-2 0.00 0.00 0.00 0.00 0.00 0.00
A-3 0.00 0.00 0.00 0.00 0.00 0.00
A-4 0.00 0.00 0.00 0.00 0.00 0.00
A-5 28,604.52 0.00 0.00 0.00 0.00 28,604.52
A-6 4,358.98 26,765.15 0.00 0.00 0.00 31,124.13
A-7 50,564.15 310,475.93 0.00 0.00 0.00 361,040.07
A-8 54,315.62 333,510.88 0.00 0.00 0.00 387,826.50
A-9 0.00 0.00 0.00 0.00 0.00 0.00
A-10 0.00 0.00 0.00 0.00 0.00 0.00
A-11 0.00 0.00 0.00 0.00 0.00 0.00
A-12 0.00 0.00 0.00 0.00 0.00 0.00
A-13 0.00 0.00 0.00 0.00 0.00 0.00
A-14 52,073.78 319,745.42 0.00 0.00 0.00 371,819.20
A-15 49,935.31 306,614.69 0.00 0.00 0.00 356,549.99
A-16 12,197.25 74,894.01 0.00 0.00 0.00 87,091.26
A-17 0.00 0.00 0.00 0.00 0.00 0.00
A-18 6,098.62 37,447.01 0.00 0.00 0.00 43,545.63
A-19 12,197.25 74,894.01 0.00 0.00 0.00 87,091.26
A-20 0.00 0.00 0.00 0.00 0.00 0.00
A-R 0.00 0.00 0.00 0.00 0.00 0.00
AP 315.84 38.83 0.00 0.00 0.00 354.67
B-1 7,635.21 0.00 0.00 0.00 0.00 7,635.21
B-2 3,053.65 0.00 0.00 0.00 0.00 3,053.65
B-3 2,290.78 0.00 0.00 0.00 0.00 2,290.78
B-4 3,206.52 0.00 0.00 0.00 0.00 3,206.52
B-5 1,374.32 0.00 0.00 0.00 0.00 1,374.32
B-6 1,527.38 0.00 0.00 0.00 0.00 1,527.38
<FN>
(1) Amount Does Not Include Excess Special Hazard, Bankruptcy, Or Fraud Losses Unless Otherwise Disclosed.
Please Refer To The Prospectus Supplement For A Full Description.
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
INTEREST DISTRIBUTION
Payment
Current Of Previously Current Non-Supported
Accrued Deferred Unpaid Interest Interest Interest
Class Interest Interest Shortfall Shortfall Shortfall
<S> <C> <C> <C> <C> <C>
A-1 56,109.00 0.00 0.00 0.00 0.00
A-2 59,270.94 0.00 0.00 0.00 0.00
A-3 125,364.58 0.00 0.00 0.00 0.00
A-4 131,708.33 0.00 0.00 0.00 0.00
A-5 239,971.06 0.00 0.00 0.00 0.00
A-6 28,035.51 0.00 0.00 0.00 0.00
A-7 346,118.43 0.00 0.00 0.00 0.00
A-8 254,518.29 0.00 0.00 0.00 0.00
A-9 31,718.75 0.00 0.00 0.00 0.00
A-10 30,208.33 0.00 0.00 0.00 0.00
A-11 31,062.50 0.00 0.00 0.00 0.00
A-12 11,833.33 0.00 0.00 0.00 0.00
A-13 17,500.00 0.00 0.00 0.00 0.00
A-14 337,313.71 0.00 0.00 0.00 0.00
A-15 362,481.55 0.00 0.00 0.00 0.00
A-16 54,001.85 0.00 0.00 0.00 0.00
A-17 6,666.67 0.00 0.00 0.00 0.00
A-18 26,212.58 0.00 0.00 0.00 0.00
A-19 58,731.94 0.00 0.00 0.00 0.00
A-20 132,305.88 0.00 0.00 0.00 0.00
A-R 0.00 0.00 0.00 0.00 0.00
AP 0.00 0.00 0.00 0.00 0.00
B-1 64,053.85 0.00 0.00 0.00 0.00
B-2 25,617.93 0.00 0.00 0.00 0.00
B-3 19,217.96 0.00 0.00 0.00 0.00
B-4 26,900.33 0.00 0.00 0.00 0.00
B-5 11,529.57 0.00 0.00 0.00 0.00
B-6 12,813.63 0.00 0.00 0.00 0.00
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
INTEREST DISTRIBUTION
Remaining Ending
Cumulative Unpaid Certificate/Notional Realized Interest
Class Interest Shortfall Balance Losses (2) Distribution
<S> <C> <C> <C> <C>
A-1 0.00 9,224,758.86 0.00 56,109.00
A-2 0.00 9,810,363.00 0.00 59,270.94
A-3 0.00 20,750,000.00 0.00 125,364.58
A-4 0.00 21,800,000.00 0.00 131,708.33
A-5 0.00 39,690,743.16 0.00 239,971.06
A-6 0.00 4,774,962.49 0.00 28,035.51
A-7 0.00 55,389,579.03 0.00 346,118.43
A-8 0.00 41,739,339.55 0.00 254,518.29
A-9 0.00 5,250,000.00 0.00 31,718.75
A-10 0.00 5,000,000.00 0.00 30,208.33
A-11 0.00 5,325,000.00 0.00 31,062.50
A-12 0.00 1,775,000.00 0.00 11,833.33
A-13 0.00 3,000,000.00 0.00 17,500.00
A-14 0.00 57,043,280.11 0.00 337,313.71
A-15 0.00 58,424,241.72 0.00 362,481.55
A-16 0.00 9,373,087.39 0.00 54,001.85
A-17 0.00 1,000,000.00 0.00 6,666.67
A-18 0.00 4,686,543.69 0.00 26,212.58
A-19 0.00 9,373,087.39 0.00 58,731.94
A-20 0.00 22,251,865.00 0.00 132,305.88
A-R 0.00 0.00 0.00 3.47
AP 0.00 374,268.24 0.00 0.00
B-1 0.00 10,594,381.96 0.00 64,053.85
B-2 0.00 4,237,155.30 0.00 25,617.93
B-3 0.00 3,178,613.33 0.00 19,217.96
B-4 0.00 4,449,262.01 0.00 26,900.33
B-5 0.00 1,906,968.84 0.00 11,529.57
B-6 0.00 2,119,349.54 0.00 12,813.63
<FN>
(2) Amount Does Not Include Excess Special Hazard, Bankruptcy, Or Fraud Losses Unless Otherwise Disclosed.
Please Refer To The Prospectus Supplement For A Full Description.
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
PREPAYMENT INTEREST SHORTFALL
<S> <C>
Total Prepayment Interest Shortfall 1,070.52
Servicing Fee Support 1,070.52
Non-Supported Prepayment Interest Shortfall 0.00
</TABLE>
<TABLE>
<CAPTION>
SERVICING FEES
<S> <C>
Gross Servicing Fee 73,022.27
Master Servicing Fee 6,906.16
Supported Prepayment/Curtailment Interest Shortfall 1,070.52
Net Servicing Fees 78,857.91
</TABLE>
<TABLE>
<CAPTION>
SERVICER ADVANCES
<S> <C>
Beginning Balance 48,097.69
Current Period Advances By Servicer 178,787.21
Reimbursement of Advances 48,097.69
Ending Cumulative Advances 178,787.21
</TABLE>
<TABLE>
<CAPTION>
DELINQUENCY STATUS
Current Unpaid
Number of Number Of Principal
Days Loans Balance
<S> <C> <C>
30 Days 8 2,031,519.88
60 Days 0 0.00
90+ Days 0 0.00
Foreclosure 3 702,281.13
REO 0 0.00
Totals 11 2,733,801.01
</TABLE>
<TABLE>
<CAPTION>
ADDITIONAL DELINQUENCY STATUS INFORMATION
<S> <C>
Principal Balance of Contaminated Properties 0.00
Periodic Advance 789,513.00
Current Period Realized Loss - Includes Interest Shortfall 0.00
Cumulative Realized Losses - Includes Interest Shortfall 1,293.40
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
COLLATERAL STATEMENT
<S> <C>
Collateral Description Mixed Fixed Ratio Strip
Weighted Average Gross Coupon 8.112243%
Weighted Average Pass-Through Rate 7.250000%
Weighted Average Maturity (Stepdown Calculation) 351 Months
Beginning Scheduled Collateral Loan Count 1,676
Number of Loans Paid in Full 5
Ending Scheduled Collateral Loan Count 1,671
Beginning Scheduled Collateral Balance 414,378,234.00
Ending Scheduled Collateral Balance 412,541,850.62
Ending Actual Collateral Balance at 30-Jul-1996 413,350,845.12
Monthly P&I Constant 2,880,504.68
Class AP Deferred Amount 0.00
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
CREDIT ENHANCEMENT
Loss Description Original $ Original % Current $ Current %
<S> <C> <C> <C> <C>
Bankruptcy 153,035.91 0.03596160% 153,035.91 0.03709585%
Fraud 8,511,073.51 2.00000000% 8,511,073.51 2.06308124%
Special Hazard 4,256,324.91 1.00018521% 4,256,324.91 1.03173167%
<FN>
Limit of Subordination's Exposure for 100% of Certain Types of Losses
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
SUBORDINATION LEVEL
Class Original $ Original % Current $ Current %
<S> <C> <C> <C> <C>
A 26,597,275.14 6.25004004% 26,485,730.98 6.42013191%
B-1 15,958,275.14 3.75000289% 15,891,349.02 3.85205743%
B-2 11,703,275.14 2.75012902% 11,654,193.72 2.82497247%
B-3 8,511,275.14 2.00004738% 8,475,580.39 2.05447772%
B-4 4,043,275.14 0.95012107% 4,026,318.38 0.97597816%
B-5 2,128,275.14 0.50011908% 2,119,349.54 0.51372959%
B-6 0.00 0.00000000% 0.00 0.00000000%
<FN>
Please refer to the Prospectus Supplement For A Full Description Of Loss Exposure
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
OTHER ACCOUNTS
Account Beginning Current Period Current Period Ending
Type Balance Withdrawals Deposits Balance
<S> <C> <C> <C> <C>
A-11 Rounding Account 999.99 0.00 0.00 999.99
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
The Prudential Home Mortgage Securities Company, Inc.
Mortgage Pass-Through Certificates
Statements to Certificateholders
Record Date: 30-Jul-1996
Distribution Date: 26-Aug-1996
PHMSC Series 1996-3
Customer Service
Norwest Bank Minnesota, N.A.
Securities Administration Services
5325 Spectrum Drive
Frederick, MD 21703
Telephone:(301) 846-8130
Fax:(301) 846-8152
CERTIFICATE INFORMATION
Certificate Original Ending Ending
Pass-Through Face Certificate Certificate
Class CUSIP Rate Amount Balance Percentage
<S> <C> <C> <C> <C> <C>
A-1 74434UXU3 6.75000 5,051,000.00 4,845,924.08 0.95939895
A-2 74434UXV1 6.75000 27,033,000.00 25,338,807.36 0.93732872
A-3 74434UXW9 6.75000 58,855,000.00 56,618,888.83 0.96200644
A-4 74434UXX7 6.75000 10,915,000.00 10,915,000.00 1.00000000
A-5 74434UXY5 6.75000 18,000,000.00 17,654,138.63 0.98078548
A-R 74434UYD0 6.75000 100.00 0.00 0.00000000
AP 74434UXZ2 0.00000 647,572.74 630,777.61 0.97406449
M 74434UYA6 6.75000 1,249,000.00 1,225,001.06 0.98078548
B-1 74434UYB4 6.75000 1,249,000.00 1,225,001.06 0.98078548
B-2 74434UYC2 6.75000 624,000.00 612,010.14 0.98078548
B-3 74434UYE8 6.75000 562,000.00 551,201.44 0.98078548
B-4 74434UYF5 6.75000 312,000.00 306,005.07 0.98078548
B-5 74434UYG3 6.75000 375,241.61 368,031.52 0.98078547
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
PRINCIPAL DISTRIBUTION
Scheduled Unscheduled
Principal Principal Deferred Realized Principal
Class Distribution Distribution Accretion Interest Loss (1) Distribution
<S> <C> <C> <C> <C> <C> <C>
A-1 16,199.94 2,624.35 0.00 0.00 0.00 18,824.28
A-2 133,832.47 21,680.49 0.00 0.00 0.00 155,512.96
A-3 176,641.24 28,615.39 0.00 0.00 0.00 205,256.63
A-4 0.00 0.00 0.00 0.00 0.00 0.00
A-5 58,985.90 0.00 0.00 0.00 0.00 58,985.90
A-R 0.00 0.00 0.00 0.00 0.00 0.00
AP 2,287.82 210.39 0.00 0.00 0.00 2,498.21
M 4,092.97 0.00 0.00 0.00 0.00 4,092.97
B-1 4,092.97 0.00 0.00 0.00 0.00 4,092.97
B-2 2,044.84 0.00 0.00 0.00 0.00 2,044.84
B-3 1,841.67 0.00 0.00 0.00 0.00 1,841.67
B-4 1,022.42 0.00 0.00 0.00 0.00 1,022.42
B-5 1,227.50 0.00 0.00 0.00 2.17 1,227.50
<FN>
(1) Amount Does Not Include Excess Special Hazard, Bankruptcy, Or Fraud Losses Unless Otherwise Disclosed.
Please Refer To The Prospectus Supplement For A Full Description.
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
INTEREST DISTRIBUTION
Payment
Current Of Previously Current Non-Supported
Accrued Deferred Unpaid Interest Interest Interest
Class Interest Interest Shortfall Shortfall Shortfall
<S> <C> <C> <C> <C> <C>
A-1 27,364.21 0.00 0.00 0.00 0.00
A-2 143,405.55 0.00 0.00 0.00 0.00
A-3 319,635.82 0.00 0.00 0.00 0.00
A-4 61,396.88 0.00 0.00 0.00 0.00
A-5 99,636.33 0.00 0.00 0.00 0.00
A-R 0.00 0.00 0.00 0.00 0.00
AP 0.00 0.00 0.00 0.00 0.00
M 6,913.65 0.00 0.00 0.00 0.00
B-1 6,913.65 0.00 0.00 0.00 0.00
B-2 3,454.06 0.00 0.00 0.00 0.00
B-3 3,110.87 0.00 0.00 0.00 0.00
B-4 1,727.03 0.00 0.00 0.00 0.00
B-5 2,077.09 0.00 0.00 0.00 0.00
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
INTEREST DISTRIBUTION
Remaining Ending
Cumulative Unpaid Certificate/Notional Realized Interest
Class Interest Shortfall Balance Losses (2) Distribution
<S> <C> <C> <C> <C>
A-1 0.00 4,845,924.08 0.00 27,364.21
A-2 0.00 25,338,807.36 0.00 143,405.55
A-3 0.00 56,618,888.83 0.00 319,635.82
A-4 0.00 10,915,000.00 0.00 61,396.87
A-5 0.00 17,654,138.63 0.00 99,636.33
A-R 0.00 0.00 0.00 0.00
AP 0.00 630,777.61 0.00 0.00
M 0.00 1,225,001.06 0.00 6,913.65
B-1 0.00 1,225,001.06 0.00 6,913.65
B-2 0.00 612,010.14 0.00 3,454.06
B-3 0.00 551,201.44 0.00 3,110.87
B-4 0.00 306,005.07 0.00 1,727.03
B-5 0.00 368,031.52 0.00 2,077.09
<FN>
(2) Amount Does Not Include Excess Special Hazard, Bankruptcy, Or Fraud Losses Unless Otherwise Disclosed.
Please Refer To The Prospectus Supplement For A Full Description.
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
PREPAYMENT INTEREST SHORTFALL
<S> <C>
Total Prepayment Interest Shortfall 30.93
Servicing Fee Support 30.93
Non-Supported Prepayment Interest Shortfall 0.00
</TABLE>
<TABLE>
<CAPTION>
SERVICING FEES
<S> <C>
Gross Servicing Fee 20,507.16
Master Servicing Fee 2,012.43
Supported Prepayment/Curtailment Interest Shortfall 30.93
Net Servicing Fees 22,488.66
</TABLE>
<TABLE>
<CAPTION>
SERVICER ADVANCES
<S> <C>
Beginning Balance 3,685.56
Current Period Advances By Servicer 32,522.89
Reimbursement of Advances 3,685.56
Ending Cumulative Advances 32,522.89
</TABLE>
<TABLE>
<CAPTION>
DELINQUENCY STATUS
Current Unpaid
Number of Number Of Principal
Days Loans Balance
<S> <C> <C>
30 Days 0 0.00
60 Days 0 0.00
90+ Days 0 0.00
Foreclosure 1 367,500.00
REO 0 0.00
Totals 1 367,500.00
</TABLE>
<TABLE>
<CAPTION>
ADDITIONAL DELINQUENCY STATUS INFORMATION
<S> <C>
Principal Balance of Contaminated Properties 0.00
Periodic Advance 116,372.08
Current Period Realized Loss - Includes Interest Shortfall 2.17
Cumulative Realized Losses - Includes Interest Shortfall 2,129.39
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
COLLATERAL STATEMENT
<S> <C>
Collateral Description Fixed 15 Year Ratio Strip
Weighted Average Gross Coupon 7.426788%
Weighted Average Pass-Through Rate 6.750000%
Weighted Average Maturity (Stepdown Calculation) 172 Months
Beginning Scheduled Collateral Loan Count 459
Number of Loans Paid in Full 0
Ending Scheduled Collateral Loan Count 459
Beginning Scheduled Collateral Balance 120,746,189.32
Ending Scheduled Collateral Balance 120,290,786.80
Ending Actual Collateral Balance at 30-Jul-1996 120,642,209.27
Monthly P&I Constant 1,100,424.47
Class AP Deferred Amount 0.00
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
CREDIT ENHANCEMENT
Loss Description Original $ Original % Current $ Current %
<S> <C> <C> <C> <C>
Bankruptcy 100,000.00 0.08008142% 100,000.00 0.08313189%
Fraud 2,497,707.01 2.00019918% 2,497,707.01 2.07639095%
Special Hazard 1,987,480.00 1.59160216% 1,987,480.00 1.65222961%
<FN>
Limit of Subordination's Exposure for 100% of Certain Types of Losses
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
SUBORDINATION LEVEL
Class Original $ Original % Current $ Current %
<S> <C> <C> <C> <C>
A 4,371,241.61 3.50055225% 4,287,250.29 3.56407203%
M 3,122,241.61 2.50033534% 3,062,249.23 2.54570555%
B-1 1,873,241.61 1.50011844% 1,837,248.17 1.52733906%
B-2 1,249,241.61 1.00041039% 1,225,238.03 1.01856348%
B-3 687,241.61 0.55035282% 674,036.59 0.56033933%
B-4 375,241.61 0.30049880% 368,031.52 0.30595154%
B-5 0.00 0.00000000% 0.00 0.00000000%
<FN>
Please refer to the Prospectus Supplement For A Full Description Of Loss Exposure
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
The Prudential Home Mortgage Securities Company, Inc.
Mortgage Pass-Through Certificates
Statements to Certificateholders
Record Date: 30-Jul-1996
Distribution Date: 26-Aug-1996
PHMSC Series 1996-4
Customer Service
Norwest Bank Minnesota, N.A.
Securities Administration Services
5325 Spectrum Drive
Frederick, MD 21703
Telephone:(301) 846-8130
Fax:(301) 846-8152
CERTIFICATE INFORMATION
Certificate Original Ending Ending
Pass-Through Face Certificate Certificate
Class CUSIP Rate Amount Balance Percentage
<S> <C> <C> <C> <C> <C>
A-1 74434UYQ1 6.50000 134,516,000.00 132,122,851.96 0.98220919
A-2 74434UYR9 6.50000 10,000,000.00 10,000,000.00 1.00000000
A-3 74434UYS7 7.00000 10,530,000.00 10,530,000.00 1.00000000
A-4 74434UYT5 0.00000 810,000.00 810,000.00 1.00000000
A-5 74434UYU2 6.50000 9,900,000.00 9,860,816.69 0.99604209
A-R 74434UYV0 6.50000 1,000.00 0.00 0.00000000
AP 74434UYW8 0.00000 27,206.22 27,048.63 0.99420757
M 74434UYX6 6.50000 4,409,000.00 4,391,549.58 0.99604209
B-1 74434UYY4 6.50000 1,764,000.00 1,757,018.25 0.99604209
B-2 74434UYZ1 6.50000 1,322,000.00 1,316,767.64 0.99604209
B-3 74434UZW7 6.50000 1,500,000.00 1,494,063.14 0.99604209
B-4 74434UZX5 6.50000 793,000.00 789,861.38 0.99604209
B-5 74434UZY3 6.50000 794,392.15 791,248.02 0.99604209
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
PRINCIPAL DISTRIBUTION
Scheduled Unscheduled
Principal Principal Deferred Realized Principal
Class Distribution Distribution Accretion Interest Loss (1) Distribution
<S> <C> <C> <C> <C> <C> <C>
A-1 123,976.82 512,814.37 0.00 0.00 0.00 636,791.19
A-2 0.00 0.00 0.00 0.00 0.00 0.00
A-3 0.00 0.00 0.00 0.00 0.00 0.00
A-4 0.00 0.00 0.00 0.00 0.00 0.00
A-5 7,939.65 0.00 0.00 0.00 0.00 7,939.65
A-R 0.00 0.00 0.00 0.00 0.00 0.00
AP 24.89 4.38 0.00 0.00 0.00 29.27
M 3,535.95 0.00 0.00 0.00 0.00 3,535.95
B-1 1,414.70 0.00 0.00 0.00 0.00 1,414.70
B-2 1,060.22 0.00 0.00 0.00 0.00 1,060.22
B-3 1,202.98 0.00 0.00 0.00 0.00 1,202.98
B-4 635.97 0.00 0.00 0.00 0.00 635.97
B-5 418.67 0.00 0.00 0.00 218.42 418.67
<FN>
(1) Amount Does Not Include Excess Special Hazard, Bankruptcy, Or Fraud Losses Unless Otherwise Disclosed.
Please Refer To The Prospectus Supplement For A Full Description.
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
INTEREST DISTRIBUTION
Payment
Current Of Previously Current Non-Supported
Accrued Deferred Unpaid Interest Interest Interest
Class Interest Interest Shortfall Shortfall Shortfall
<S> <C> <C> <C> <C> <C>
A-1 719,114.73 0.00 0.00 0.00 0.00
A-2 54,166.67 0.00 0.00 0.00 0.00
A-3 61,425.00 0.00 0.00 0.00 0.00
A-4 0.00 0.00 0.00 0.00 0.00
A-5 53,455.76 0.00 0.00 0.00 0.00
A-R 0.00 0.00 0.00 0.00 0.00
AP 0.00 0.00 0.00 0.00 0.00
M 23,806.71 0.00 0.00 0.00 0.00
B-1 9,524.85 0.00 0.00 0.00 0.00
B-2 7,138.23 0.00 0.00 0.00 0.00
B-3 8,099.36 0.00 0.00 0.00 0.00
B-4 4,281.86 0.00 0.00 0.00 0.00
B-5 4,289.38 0.00 0.00 0.00 0.00
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
INTEREST DISTRIBUTION
Remaining Ending
Cumulative Unpaid Certificate/Notional Realized Interest
Class Interest Shortfall Balance Losses (2) Distribution
<S> <C> <C> <C> <C>
A-1 0.00 132,122,851.96 0.00 719,114.73
A-2 0.00 10,000,000.00 0.00 54,166.67
A-3 0.00 10,530,000.00 0.00 61,425.00
A-4 0.00 810,000.00 0.00 0.00
A-5 0.00 9,860,816.69 0.00 53,455.76
A-R 0.00 0.00 0.00 0.00
AP 0.00 27,048.63 0.00 0.00
M 0.00 4,391,549.58 0.00 23,806.71
B-1 0.00 1,757,018.25 0.00 9,524.85
B-2 0.00 1,316,767.64 0.00 7,138.23
B-3 0.00 1,494,063.14 0.00 8,099.36
B-4 0.00 789,861.38 0.00 4,281.86
B-5 0.00 791,248.02 0.00 4,289.38
<FN>
(2) Amount Does Not Include Excess Special Hazard, Bankruptcy, Or Fraud Losses Unless Otherwise Disclosed.
Please Refer To The Prospectus Supplement For A Full Description.
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
PREPAYMENT INTEREST SHORTFALL
<S> <C>
Total Prepayment Interest Shortfall 567.81
Servicing Fee Support 567.81
Non-Supported Prepayment Interest Shortfall 0.00
</TABLE>
<TABLE>
<CAPTION>
SERVICING FEES
<S> <C>
Gross Servicing Fee 29,307.69
Master Servicing Fee 2,909.07
Supported Prepayment/Curtailment Interest Shortfall 567.81
Net Servicing Fees 31,648.95
</TABLE>
<TABLE>
<CAPTION>
SERVICER ADVANCES
<S> <C>
Beginning Balance 10,116.13
Current Period Advances By Servicer 47,200.72
Reimbursement of Advances 10,116.13
Ending Cumulative Advances 47,200.72
</TABLE>
<TABLE>
<CAPTION>
DELINQUENCY STATUS
Current Unpaid
Number of Number Of Principal
Days Loans Balance
<S> <C> <C>
30 Days 0 0.00
60 Days 0 0.00
90+ Days 0 0.00
Foreclosure 0 0.00
REO 0 0.00
Totals 0 0.00
</TABLE>
<TABLE>
<CAPTION>
ADDITIONAL DELINQUENCY STATUS INFORMATION
<S> <C>
Principal Balance of Contaminated Properties 0.00
Periodic Advance 102,542.43
Current Period Realized Loss - Includes Interest Shortfall 218.42
Cumulative Realized Losses - Includes Interest Shortfall 1,180.79
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
COLLATERAL STATEMENT
<S> <C>
Collateral Description Fixed 30 Year Ratio Strip
Weighted Average Gross Coupon 7.369321%
Weighted Average Pass-Through Rate 6.500000%
Weighted Average Maturity (Stepdown Calculation) 352 Months
Beginning Scheduled Collateral Loan Count 596
Number of Loans Paid in Full 2
Ending Scheduled Collateral Loan Count 594
Beginning Scheduled Collateral Balance 174,544,472.31
Ending Scheduled Collateral Balance 173,891,225.28
Ending Actual Collateral Balance at 30-Jul-1996 174,002,703.08
Monthly P&I Constant 1,118,122.95
Class AP Deferred Amount 0.00
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
CREDIT ENHANCEMENT
Loss Description Original $ Original % Current $ Current %
<S> <C> <C> <C> <C>
Bankruptcy 100,000.00 0.05670008% 100,000.00 0.05750721%
Fraud 3,527,342.14 2.00000577% 3,527,342.14 2.02847621%
Special Hazard 1,763,671.07 1.00000288% 1,763,671.07 1.01423811%
<FN>
Limit of Subordination's Exposure for 100% of Certain Types of Losses
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
SUBORDINATION LEVEL
Class Original $ Original % Current $ Current %
<S> <C> <C> <C> <C>
A 10,582,392.15 6.00022467% 10,540,508.01 6.06155256%
M 6,173,392.15 3.50031820% 6,148,958.43 3.53609472%
B-1 4,409,392.15 2.50012882% 4,391,940.18 2.52568246%
B-2 3,087,392.15 1.75055378% 3,075,172.54 1.76844607%
B-3 1,587,392.15 0.90005260% 1,581,109.40 0.90925197%
B-4 794,392.15 0.45042097% 791,248.02 0.45502470%
B-5 0.00 0.00000000% 0.00 0.00000000%
<FN>
Please refer to the Prospectus Supplement For A Full Description Of Loss Exposure
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
OTHER ACCOUNTS
Account Beginning Current Period Current Period Ending
Type Balance Withdrawals Deposits Balance
<S> <C> <C> <C> <C>
A-3 Financial Guaranty 0.00 0.00 0.00 0.00
A-3 Rounding Account 999.99 0.00 0.00 999.99
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
The Prudential Home Mortgage Securities Company, Inc.
Mortgage Pass-Through Certificates
Statements to Certificateholders
Record Date: 30-Jul-1996
Distribution Date: 26-Aug-1996
PHMSC Series 1996-5
Customer Service
Norwest Bank Minnesota, N.A.
Securities Administration Services
5325 Spectrum Drive
Frederick, MD 21703
Telephone:(301) 846-8130
Fax:(301) 846-8152
CERTIFICATE INFORMATION
Certificate Original Ending Ending
Pass-Through Face Certificate Certificate
Class CUSIP Rate Amount Balance Percentage
<S> <C> <C> <C> <C> <C>
A-1 74434UZD9 7.25000 84,986,890.00 82,725,001.93 0.97338545
A-2 74434UZE7 7.25000 4,900,000.00 4,900,000.00 1.00000000
A-3 74434UZF4 7.25000 7,000,000.00 7,000,000.00 1.00000000
A-4 74434UZG2 7.25000 22,132,100.00 22,132,100.00 1.00000000
A-5 74434UZH0 7.25000 12,975,050.00 12,928,948.88 0.99644694
A-6 74434UZJ6 7.25000 12,975,050.00 12,928,948.88 0.99644694
A-7 74434UZK3 8.00000 22,144,779.00 21,555,405.66 0.97338545
A-8 74434UZL1 7.00000 19,972,347.00 19,440,791.93 0.97338545
A-9 74434UZM9 7.25000 13,103,000.00 13,103,000.00 1.00000000
A-10 74434UZN7 7.05000 47,781,684.00 46,203,170.59 0.96696405
A-11 74434UZP2 7.05000 7,262,000.00 7,262,000.00 1.00000000
A-12 74434UZQ0 7.05000 4,268,000.00 4,268,000.00 1.00000000
A-R 74434UZR8 7.25000 100.00 0.00 0.00000000
AP 74434UZS6 0.00000 909,987.42 905,250.40 0.99479441
M 74434UZT4 7.25000 6,250,000.00 6,227,793.38 0.99644694
B-1 74434UZU1 7.25000 3,472,000.00 3,459,663.78 0.99644694
B-2 74434UZV9 7.25000 2,083,000.00 2,075,598.98 0.99644694
B-3 74434UZZ0 7.25000 2,778,000.00 2,768,129.60 0.99644694
B-4 74434UA20 7.25000 1,389,000.00 1,384,064.80 0.99644694
B-5 74434UA38 7.25000 1,388,926.01 1,383,991.07 0.99644694
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
PRINCIPAL DISTRIBUTION
Scheduled Unscheduled
Principal Principal Deferred Realized Principal
Class Distribution Distribution Accretion Interest Loss (1) Distribution
<S> <C> <C> <C> <C> <C> <C>
A-1 76,151.77 235,689.05 0.00 0.00 0.00 311,840.82
A-2 0.00 0.00 0.00 0.00 0.00 0.00
A-3 0.00 0.00 0.00 0.00 0.00 0.00
A-4 0.00 0.00 0.00 0.00 0.00 0.00
A-5 9,426.12 0.00 0.00 0.00 0.00 9,426.12
A-6 9,426.12 0.00 0.00 0.00 0.00 9,426.12
A-7 19,842.64 61,412.78 0.00 0.00 0.00 81,255.42
A-8 17,896.05 55,388.11 0.00 0.00 0.00 73,284.16
A-9 0.00 0.00 0.00 0.00 0.00 0.00
A-10 53,144.36 164,481.31 0.00 0.00 0.00 217,625.68
A-11 0.00 0.00 0.00 0.00 0.00 0.00
A-12 0.00 0.00 0.00 0.00 0.00 0.00
A-R 0.00 0.00 0.00 0.00 0.00 0.00
AP 786.98 149.19 0.00 0.00 0.00 936.17
M 4,540.50 0.00 0.00 0.00 0.00 4,540.50
B-1 2,522.34 0.00 0.00 0.00 0.00 2,522.34
B-2 1,513.26 0.00 0.00 0.00 0.00 1,513.26
B-3 2,018.16 0.00 0.00 0.00 0.00 2,018.16
B-4 1,009.08 0.00 0.00 0.00 0.00 1,009.08
B-5 1,009.03 0.00 0.00 0.00 0.00 1,009.03
<FN>
(1) Amount Does Not Include Excess Special Hazard, Bankruptcy, Or Fraud Losses Unless Otherwise Disclosed.
Please Refer To The Prospectus Supplement For A Full Description.
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
INTEREST DISTRIBUTION
Payment
Current Of Previously Current Non-Supported
Accrued Deferred Unpaid Interest Interest Interest
Class Interest Interest Shortfall Shortfall Shortfall
<S> <C> <C> <C> <C> <C>
A-1 501,680.92 0.00 0.00 0.00 0.00
A-2 29,604.17 0.00 0.00 0.00 0.00
A-3 42,291.67 0.00 0.00 0.00 0.00
A-4 133,714.77 0.00 0.00 0.00 0.00
A-5 78,169.35 0.00 0.00 0.00 0.00
A-6 78,169.35 0.00 0.00 0.00 0.00
A-7 144,244.41 0.00 0.00 0.00 0.00
A-8 113,832.11 0.00 0.00 0.00 0.00
A-9 79,163.96 0.00 0.00 0.00 0.00
A-10 272,722.18 0.00 0.00 0.00 0.00
A-11 42,664.25 0.00 0.00 0.00 0.00
A-12 25,074.50 0.00 0.00 0.00 0.00
A-R 0.00 0.00 0.00 0.00 0.00
AP 0.00 0.00 0.00 0.00 0.00
M 37,653.68 0.00 0.00 0.00 0.00
B-1 20,917.37 0.00 0.00 0.00 0.00
B-2 12,549.22 0.00 0.00 0.00 0.00
B-3 16,736.31 0.00 0.00 0.00 0.00
B-4 8,368.15 0.00 0.00 0.00 0.00
B-5 8,367.71 0.00 0.00 0.00 0.00
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
INTEREST DISTRIBUTION
Remaining Ending
Cumulative Unpaid Certificate/Notional Realized Interest
Class Interest Shortfall Balance Losses (2) Distribution
<S> <C> <C> <C> <C>
A-1 0.00 82,725,001.93 0.00 501,680.92
A-2 0.00 4,900,000.00 0.00 29,604.17
A-3 0.00 7,000,000.00 0.00 42,291.67
A-4 0.00 22,132,100.00 0.00 133,714.77
A-5 0.00 12,928,948.88 0.00 78,169.35
A-6 0.00 12,928,948.88 0.00 78,169.35
A-7 0.00 21,555,405.66 0.00 144,244.41
A-8 0.00 19,440,791.93 0.00 113,832.11
A-9 0.00 13,103,000.00 0.00 79,163.96
A-10 0.00 46,203,170.59 0.00 272,722.18
A-11 0.00 7,262,000.00 0.00 42,664.25
A-12 0.00 4,268,000.00 0.00 25,074.50
A-R 0.00 0.00 0.00 253.10
AP 0.00 905,250.40 0.00 0.00
M 0.00 6,227,793.38 0.00 37,653.68
B-1 0.00 3,459,663.78 0.00 20,917.37
B-2 0.00 2,075,598.98 0.00 12,549.22
B-3 0.00 2,768,129.60 0.00 16,736.31
B-4 0.00 1,384,064.80 0.00 8,368.15
B-5 0.00 1,383,991.07 0.00 8,367.71
<FN>
(2) Amount Does Not Include Excess Special Hazard, Bankruptcy, Or Fraud Losses Unless Otherwise Disclosed.
Please Refer To The Prospectus Supplement For A Full Description.
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
PREPAYMENT INTEREST SHORTFALL
<S> <C>
Total Prepayment Interest Shortfall 719.15
Servicing Fee Support 719.15
Non-Supported Prepayment Interest Shortfall 0.00
</TABLE>
<TABLE>
<CAPTION>
SERVICING FEES
<S> <C>
Gross Servicing Fee 48,327.00
Master Servicing Fee 4,555.83
Supported Prepayment/Curtailment Interest Shortfall 719.15
Net Servicing Fees 52,163.68
</TABLE>
<TABLE>
<CAPTION>
SERVICER ADVANCES
<S> <C>
Beginning Balance 11,277.27
Current Period Advances By Servicer 85,222.62
Reimbursement of Advances 11,277.27
Ending Cumulative Advances 85,222.62
</TABLE>
<TABLE>
<CAPTION>
DELINQUENCY STATUS
Current Unpaid
Number of Number Of Principal
Days Loans Balance
<S> <C> <C>
30 Days 2 458,596.76
60 Days 0 0.00
90+ Days 0 0.00
Foreclosure 0 0.00
REO 0 0.00
Totals 2 458,596.76
</TABLE>
<TABLE>
<CAPTION>
ADDITIONAL DELINQUENCY STATUS INFORMATION
<S> <C>
Principal Balance of Contaminated Properties 0.00
Periodic Advance 535,553.79
Current Period Realized Loss - Includes Interest Shortfall 0.00
Cumulative Realized Losses - Includes Interest Shortfall 0.00
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
COLLATERAL STATEMENT
<S> <C>
Collateral Description Mixed Fixed Ratio Strip
Weighted Average Gross Coupon 7.984240%
Weighted Average Pass-Through Rate 7.250000%
Weighted Average Maturity (Stepdown Calculation) 352 Months
Beginning Scheduled Collateral Loan Count 1,062
Number of Loans Paid in Full 1
Ending Scheduled Collateral Loan Count 1,061
Beginning Scheduled Collateral Balance 273,368,266.75
Ending Scheduled Collateral Balance 272,651,859.89
Ending Actual Collateral Balance at 30-Jul-1996 272,837,729.11
Monthly P&I Constant 1,898,591.72
Class AP Deferred Amount 0.00
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
CREDIT ENHANCEMENT
Loss Description Original $ Original % Current $ Current %
<S> <C> <C> <C> <C>
Bankruptcy 104,046.98 0.03745770% 104,046.98 0.03816111%
Fraud 5,556,876.51 2.00051778% 5,556,876.51 2.03808495%
Special Hazard 2,778,438.25 1.00025889% 2,778,438.25 1.01904247%
<FN>
Limit of Subordination's Exposure for 100% of Certain Types of Losses
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
SUBORDINATION LEVEL
Class Original $ Original % Current $ Current %
<S> <C> <C> <C> <C>
A 17,360,926.01 6.25006531% 17,299,241.61 6.34480968%
M 11,110,926.01 4.00001781% 11,071,448.23 4.06065384%
B-1 7,638,926.01 2.75007142% 7,611,784.45 2.79175959%
B-2 5,555,926.01 2.00017559% 5,536,185.47 2.03049613%
B-3 2,777,926.01 1.00007448% 2,768,055.87 1.01523455%
B-4 1,388,926.01 0.50002392% 1,383,991.07 0.50760375%
B-5 0.00 0.00000000% 0.00 0.00000000%
<FN>
Please refer to the Prospectus Supplement For A Full Description Of Loss Exposure
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
The Prudential Home Mortgage Securities Company, Inc.
Mortgage Pass-Through Certificates
Statements to Certificateholders
Record Date: 30-Jul-1996
Distribution Date: 26-Aug-1996
PHMSC Series 1996-6
Customer Service
Norwest Bank Minnesota, N.A.
Securities Administration Services
5325 Spectrum Drive
Frederick, MD 21703
Telephone:(301) 846-8130
Fax:(301) 846-8152
CERTIFICATE INFORMATION
Certificate Original Ending Ending
Pass-Through Face Certificate Certificate
Class CUSIP Rate Amount Balance Percentage
<S> <C> <C> <C> <C> <C>
A-1 74434UC44 6.00000 44,997,000.00 43,810,519.29 0.97363200
A-2 74434UC51 6.87500 16,760,000.00 16,760,000.00 1.00000000
A-3 74434UC69 7.25000 37,500,000.00 36,411,389.88 0.97097040
A-4 74434UD35 2.79251 70,090,413.28 70,239,173.43 1.00212240
A-5 74434UC77 7.25000 14,793,800.00 13,820,344.19 0.93419839
A-6 74434UC85 7.25000 15,000,000.00 14,954,584.49 0.99697230
A-R 74434UC93 7.25000 100.00 93.42 0.93420000
A-LR 74434UD27 7.25000 100.00 93.42 0.93420000
B-1 74434UD43 7.25000 4,779,000.00 4,764,530.62 0.99697230
B-2 74434UD50 7.25000 3,186,000.00 3,176,353.75 0.99697230
B-3 74434UD68 7.25000 1,062,000.00 1,058,784.58 0.99697230
B-4 74434UD76 7.25000 2,125,000.00 2,118,566.14 0.99697230
B-5 74434UD84 7.25000 1,062,000.00 1,058,784.58 0.99697230
B-6 74434UD92 7.25000 1,062,196.34 1,058,980.33 0.99697230
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
PRINCIPAL DISTRIBUTION
Scheduled Unscheduled
Principal Principal Deferred Realized Principal
Class Distribution Distribution Accretion Interest Loss (1) Distribution
<S> <C> <C> <C> <C> <C> <C>
A-1 77,704.87 271,643.48 0.00 0.00 0.00 349,348.34
A-2 0.00 0.00 0.00 0.00 0.00 0.00
A-3 66,398.95 232,119.84 0.00 0.00 0.00 298,518.79
A-4 44,351.86 152,873.32 (218,088.70) 0.00 0.00 (20,863.52)
A-5 0.00 0.00 0.00 0.00 0.00 0.00
A-6 11,512.35 0.00 0.00 0.00 0.00 11,512.35
A-R 0.00 0.00 0.00 0.00 0.00 0.00
A-LR 0.00 0.00 0.00 0.00 0.00 0.00
B-1 3,667.84 0.00 0.00 0.00 0.00 3,667.84
B-2 2,445.22 0.00 0.00 0.00 0.00 2,445.22
B-3 815.07 0.00 0.00 0.00 0.00 815.07
B-4 1,630.92 0.00 0.00 0.00 0.00 1,630.92
B-5 815.07 0.00 0.00 0.00 0.00 815.07
B-6 0.00 0.00 0.00 0.00 815.23 0.00
<FN>
(1) Amount Does Not Include Excess Special Hazard, Bankruptcy, Or Fraud Losses Unless Otherwise Disclosed.
Please Refer To The Prospectus Supplement For A Full Description.
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
INTEREST DISTRIBUTION
Payment
Current Of Previously Current Non-Supported
Accrued Deferred Unpaid Interest Interest Interest
Class Interest Interest Shortfall Shortfall Shortfall
<S> <C> <C> <C> <C> <C>
A-1 220,799.34 0.00 0.00 0.00 0.00
A-2 96,020.83 0.00 0.00 0.00 0.00
A-3 221,789.03 0.00 0.00 0.00 0.00
A-4 520,205.52 0.00 0.00 0.00 0.00
A-5 83,497.91 0.00 0.00 0.00 0.00
A-6 90,420.17 0.00 0.00 0.00 0.00
A-R 0.56 0.00 0.00 0.00 0.00
A-LR 0.56 0.00 0.00 0.00 0.00
B-1 28,807.87 0.00 0.00 0.00 0.00
B-2 19,205.24 0.00 0.00 0.00 0.00
B-3 6,401.75 0.00 0.00 0.00 0.00
B-4 12,809.52 0.00 0.00 0.00 0.00
B-5 6,401.75 0.00 0.00 0.00 0.00
B-6 6,402.93 0.00 814.36 0.00 0.00
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
INTEREST DISTRIBUTION
Remaining Ending
Cumulative Unpaid Certificate/Notional Realized Interest
Class Interest Shortfall Balance Losses (2) Distribution
<S> <C> <C> <C> <C>
A-1 0.00 43,810,519.29 0.00 220,799.34
A-2 0.00 16,760,000.00 0.00 96,020.83
A-3 0.00 36,411,389.88 0.00 221,789.03
A-4 0.00 223,165,486.14 0.00 520,205.52
A-5 0.00 13,820,344.19 0.00 83,497.91
A-6 0.00 14,954,584.49 0.00 90,420.17
A-R 0.00 93.42 0.00 0.56
A-LR 0.00 93.42 0.00 0.56
B-1 0.00 4,764,530.62 0.00 28,807.87
B-2 0.00 3,176,353.75 0.00 19,205.24
B-3 0.00 1,058,784.58 0.00 6,401.75
B-4 0.00 2,118,566.14 0.00 12,809.52
B-5 0.00 1,058,784.58 0.00 6,401.75
B-6 971.70 1,058,980.33 0.00 7,217.29
<FN>
(2) Amount Does Not Include Excess Special Hazard, Bankruptcy, Or Fraud Losses Unless Otherwise Disclosed.
Please Refer To The Prospectus Supplement For A Full Description.
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
PREPAYMENT INTEREST SHORTFALL
<S> <C>
Total Prepayment Interest Shortfall 550.67
Servicing Fee Support 550.67
Non-Supported Prepayment Interest Shortfall 0.00
</TABLE>
<TABLE>
<CAPTION>
SERVICING FEES
<S> <C>
Gross Servicing Fee 36,181.96
Master Servicing Fee 3,498.01
Supported Prepayment/Curtailment Interest Shortfall 550.67
Net Servicing Fees 39,129.31
</TABLE>
<TABLE>
<CAPTION>
SERVICER ADVANCES
<S> <C>
Beginning Balance 19,176.06
Current Period Advances By Servicer 98,861.89
Reimbursement of Advances 19,176.06
Ending Cumulative Advances 98,861.89
</TABLE>
<TABLE>
<CAPTION>
DELINQUENCY STATUS
Current Unpaid
Number of Number Of Principal
Days Loans Balance
<S> <C> <C>
30 Days 2 493,044.50
60 Days 0 0.00
90+ Days 0 0.00
Foreclosure 0 0.00
REO 0 0.00
Totals 2 493,044.50
</TABLE>
<TABLE>
<CAPTION>
ADDITIONAL DELINQUENCY STATUS INFORMATION
<S> <C>
Principal Balance of Contaminated Properties 0.00
Periodic Advance 303,987.01
Current Period Realized Loss - Includes Interest Shortfall 815.23
Cumulative Realized Losses - Includes Interest Shortfall 2,537.58
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
COLLATERAL STATEMENT
<S> <C>
Collateral Description Mixed Fixed
Weighted Average Gross Coupon 7.732631%
Weighted Average Pass-Through Rate 7.250000%
Weighted Average Maturity (Stepdown Calculation) 351 Months
Beginning Scheduled Collateral Loan Count 802
Number of Loans Paid in Full 2
Ending Scheduled Collateral Loan Count 800
Beginning Scheduled Collateral Balance 209,880,903.43
Ending Scheduled Collateral Balance 209,232,198.11
Ending Actual Collateral Balance at 30-Jul-1996 209,381,766.17
Monthly P&I Constant 1,514,436.52
Class AP Deferred Amount 0.00
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
CREDIT ENHANCEMENT
Loss Description Original $ Original % Current $ Current %
<S> <C> <C> <C> <C>
Bankruptcy 100,000.00 0.04707708% 100,000.00 0.04779379%
Fraud 4,248,352.19 2.00000000% 4,248,352.19 2.03044858%
Special Hazard 2,143,632.20 1.00915936% 2,143,632.20 1.02452310%
<FN>
Limit of Subordination's Exposure for 100% of Certain Types of Losses
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
SUBORDINATION LEVEL
Class Original $ Original % Current $ Current %
<S> <C> <C> <C> <C>
A 13,276,196.34 6.25004507% 13,236,000.00 6.32598621%
B-1 8,497,196.34 4.00023160% 8,471,469.38 4.04883639%
B-2 5,311,196.34 2.50035595% 5,295,115.63 2.53073651%
B-3 4,249,196.34 2.00039740% 4,236,331.05 2.02470322%
B-4 2,124,196.34 1.00000953% 2,117,764.91 1.01216014%
B-5 1,062,196.34 0.50005098% 1,058,980.33 0.50612685%
B-6 0.00 0.00000000% 0.00 0.00000000%
<FN>
Please refer to the Prospectus Supplement For A Full Description Of Loss Exposure
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
The Prudential Home Mortgage Securities Company, Inc.
Mortgage Pass-Through Certificates
Statements to Certificateholders
Record Date: 30-Jul-1996
Distribution Date: 26-Aug-1996
PHMSC Series 1996-7
Customer Service
Norwest Bank Minnesota, N.A.
Securities Administration Services
5325 Spectrum Drive
Frederick, MD 21703
Telephone:(301) 846-8130
Fax:(301) 846-8152
CERTIFICATE INFORMATION
Certificate Original Ending Ending
Pass-Through Face Certificate Certificate
Class CUSIP Rate Amount Balance Percentage
<S> <C> <C> <C> <C> <C>
A-1 74434UH98 6.75000 91,297,000.00 88,990,747.76 0.97473901
A-2 74434UJ21 6.75000 15,000,000.00 14,464,542.88 0.96430286
A-3 74434UJ39 6.75000 6,197,000.00 6,197,000.00 1.00000000
A-4 74434UJ47 6.75000 41,197,000.00 41,197,000.00 1.00000000
A-5 74434UJ54 6.75000 23,981,000.00 23,981,000.00 1.00000000
A-6 74434UJ62 6.75000 34,862,000.00 34,862,000.00 1.00000000
A-7 74434UJ70 6.75000 4,038,000.00 4,038,000.00 1.00000000
A-8 74434UJ88 6.75000 32,026,000.00 30,564,733.14 0.95437248
A-9 74434UJ96 6.75000 13,078,000.00 12,542,581.40 0.95905960
A-10 74434UK29 6.75000 31,000,000.00 30,698,970.31 0.99028936
A-R 74434UK37 6.75000 100.00 0.00 0.00000000
AP 74434UK45 0.00000 4,637,677.00 4,580,389.07 0.98764728
M 74434UK52 6.75000 4,633,000.00 4,588,010.63 0.99028937
B-1 74434UK60 6.75000 2,317,000.00 2,294,500.46 0.99028937
B-2 74434UK78 6.75000 772,000.00 764,503.39 0.99028937
B-3 74434UK86 6.75000 2,008,000.00 1,988,501.04 0.99028936
B-4 74434UK94 6.75000 926,000.00 917,007.95 0.99028936
B-5 74434UL28 6.75000 927,679.28 918,670.92 0.99028936
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
PRINCIPAL DISTRIBUTION
Scheduled Unscheduled
Principal Principal Deferred Realized Principal
Class Distribution Distribution Accretion Interest Loss (1) Distribution
<S> <C> <C> <C> <C> <C> <C>
A-1 404,632.76 157,806.17 0.00 0.00 0.00 562,438.93
A-2 93,946.14 36,638.85 0.00 0.00 0.00 130,584.99
A-3 0.00 0.00 0.00 0.00 0.00 0.00
A-4 0.00 0.00 0.00 0.00 0.00 0.00
A-5 0.00 0.00 0.00 0.00 0.00 0.00
A-6 0.00 0.00 0.00 0.00 0.00 0.00
A-7 0.00 0.00 0.00 0.00 0.00 0.00
A-8 350,306.83 136,619.14 0.00 0.00 0.00 486,925.97
A-9 0.00 0.00 0.00 0.00 0.00 0.00
A-10 101,333.95 0.00 0.00 0.00 0.00 101,333.95
A-R 0.00 0.00 0.00 0.00 0.00 0.00
AP 15,779.10 1,528.78 0.00 0.00 0.00 17,307.88
M 15,144.52 0.00 0.00 0.00 0.00 15,144.52
B-1 7,573.90 0.00 0.00 0.00 0.00 7,573.90
B-2 2,523.54 0.00 0.00 0.00 0.00 2,523.54
B-3 6,563.83 0.00 0.00 0.00 0.00 6,563.83
B-4 3,026.94 0.00 0.00 0.00 0.00 3,026.94
B-5 3,032.43 0.00 0.00 0.00 0.00 3,032.43
<FN>
(1) Amount Does Not Include Excess Special Hazard, Bankruptcy, Or Fraud Losses Unless Otherwise Disclosed.
Please Refer To The Prospectus Supplement For A Full Description.
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
INTEREST DISTRIBUTION
Payment
Current Of Previously Current Non-Supported
Accrued Deferred Unpaid Interest Interest Interest
Class Interest Interest Shortfall Shortfall Shortfall
<S> <C> <C> <C> <C> <C>
A-1 503,736.68 0.00 0.00 0.00 0.00
A-2 82,097.59 0.00 0.00 0.00 0.00
A-3 34,858.12 0.00 0.00 0.00 0.00
A-4 231,733.12 0.00 0.00 0.00 0.00
A-5 134,893.12 0.00 0.00 0.00 0.00
A-6 196,098.75 0.00 0.00 0.00 0.00
A-7 22,713.75 0.00 0.00 0.00 0.00
A-8 174,665.58 0.00 0.00 0.00 0.00
A-9 70,552.02 0.00 0.00 0.00 0.00
A-10 173,251.71 0.00 0.00 0.00 0.00
A-R 0.00 0.00 0.00 0.00 0.00
AP 0.00 0.00 0.00 0.00 0.00
M 25,892.75 0.00 0.00 0.00 0.00
B-1 12,949.17 0.00 0.00 0.00 0.00
B-2 4,314.53 0.00 0.00 0.00 0.00
B-3 11,222.24 0.00 0.00 0.00 0.00
B-4 5,175.20 0.00 0.00 0.00 0.00
B-5 5,184.58 0.00 0.00 0.00 0.00
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
INTEREST DISTRIBUTION
Remaining Ending
Cumulative Unpaid Certificate/Notional Realized Interest
Class Interest Shortfall Balance Losses (2) Distribution
<S> <C> <C> <C> <C>
A-1 0.00 88,990,747.76 0.00 503,736.68
A-2 0.00 14,464,542.88 0.00 82,097.59
A-3 0.00 6,197,000.00 0.00 34,858.12
A-4 0.00 41,197,000.00 0.00 231,733.12
A-5 0.00 23,981,000.00 0.00 134,893.12
A-6 0.00 34,862,000.00 0.00 196,098.75
A-7 0.00 4,038,000.00 0.00 22,713.75
A-8 0.00 30,564,733.14 0.00 174,665.58
A-9 0.00 12,542,581.40 0.00 70,552.02
A-10 0.00 30,698,970.31 0.00 173,251.71
A-R 0.00 0.00 0.00 38.68
AP 0.00 4,580,389.07 0.00 0.00
M 0.00 4,588,010.63 0.00 25,892.75
B-1 0.00 2,294,500.46 0.00 12,949.17
B-2 0.00 764,503.39 0.00 4,314.53
B-3 0.00 1,988,501.04 0.00 11,222.24
B-4 0.00 917,007.95 0.00 5,175.20
B-5 0.00 918,670.92 0.00 5,184.58
<FN>
(2) Amount Does Not Include Excess Special Hazard, Bankruptcy, Or Fraud Losses Unless Otherwise Disclosed.
Please Refer To The Prospectus Supplement For A Full Description.
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
PREPAYMENT INTEREST SHORTFALL
<S> <C>
Total Prepayment Interest Shortfall 343.75
Servicing Fee Support 343.75
Non-Supported Prepayment Interest Shortfall 0.00
</TABLE>
<TABLE>
<CAPTION>
SERVICING FEES
<S> <C>
Gross Servicing Fee 52,067.75
Master Servicing Fee 5,081.92
Supported Prepayment/Curtailment Interest Shortfall 343.75
Net Servicing Fees 56,805.92
</TABLE>
<TABLE>
<CAPTION>
SERVICER ADVANCES
<S> <C>
Beginning Balance 0.00
Current Period Advances By Servicer 12,616.42
Reimbursement of Advances 0.00
Ending Cumulative Advances 12,616.42
</TABLE>
<TABLE>
<CAPTION>
DELINQUENCY STATUS
Current Unpaid
Number of Number Of Principal
Days Loans Balance
<S> <C> <C>
30 Days 0 0.00
60 Days 0 0.00
90+ Days 0 0.00
Foreclosure 0 0.00
REO 0 0.00
Totals 0 0.00
</TABLE>
<TABLE>
<CAPTION>
ADDITIONAL DELINQUENCY STATUS INFORMATION
<S> <C>
Principal Balance of Contaminated Properties 0.00
Periodic Advance 352,525.20
Current Period Realized Loss - Includes Interest Shortfall 0.00
Cumulative Realized Losses - Includes Interest Shortfall 587.35
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
COLLATERAL STATEMENT
<S> <C>
Collateral Description Fixed 15 Year Ratio Strip
Weighted Average Gross Coupon 7.136776%
Weighted Average Pass-Through Rate 6.750000%
Weighted Average Maturity (Stepdown Calculation) 174 Months
Beginning Scheduled Collateral Loan Count 1,058
Number of Loans Paid in Full 1
Ending Scheduled Collateral Loan Count 1,057
Beginning Scheduled Collateral Balance 304,924,615.83
Ending Scheduled Collateral Balance 303,588,158.95
Ending Actual Collateral Balance at 30-Jul-1996 304,417,272.36
Monthly P&I Constant 2,750,981.54
Class AP Deferred Amount 0.00
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
CREDIT ENHANCEMENT
Loss Description Original $ Original % Current $ Current %
<S> <C> <C> <C> <C>
Bankruptcy 100,000.00 0.03237320% 100,000.00 0.03293936%
Fraud 6,178,077.00 2.00004140% 6,178,077.00 2.03501909%
Special Hazard 3,089,038.00 1.00002054% 3,089,038.00 1.01750938%
<FN>
Limit of Subordination's Exposure for 100% of Certain Types of Losses
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
SUBORDINATION LEVEL
Class Original $ Original % Current $ Current %
<S> <C> <C> <C> <C>
A 11,583,679.28 3.75000799% 11,471,194.39 3.77853815%
M 6,950,679.28 2.25015750% 6,883,183.76 2.26727676%
B-1 4,633,679.28 1.50007039% 4,588,683.30 1.51148296%
B-2 3,861,679.28 1.25014927% 3,824,179.91 1.25966043%
B-3 1,853,679.28 0.60009535% 1,835,678.87 0.60466089%
B-4 927,679.28 0.30031949% 918,670.92 0.30260433%
B-5 0.00 0.00000000% 0.00 0.00000000%
<FN>
Please refer to the Prospectus Supplement For A Full Description Of Loss Exposure
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
The Prudential Home Mortgage Securities Company, Inc.
Mortgage Pass-Through Certificates
Statements to Certificateholders
Record Date: 30-Jul-1996
Distribution Date: 26-Aug-1996
PHMSC Series 1996-8
Customer Service
Norwest Bank Minnesota, N.A.
Securities Administration Services
5325 Spectrum Drive
Frederick, MD 21703
Telephone:(301) 846-8130
Fax:(301) 846-8152
CERTIFICATE INFORMATION
Certificate Original Ending Ending
Pass-Through Face Certificate Certificate
Class CUSIP Rate Amount Balance Percentage
<S> <C> <C> <C> <C> <C>
A-1 74434UE42 6.75000 100,000,000.00 99,214,953.67 0.99214954
A-2 74434UE59 6.75000 73,250,000.00 72,464,246.35 0.98927299
A-3 74434UE67 6.75000 6,909,000.00 6,909,000.00 1.00000000
A-4 74434UE75 7.70000 6,000,000.00 6,000,000.00 1.00000000
A-5 74434UE83 7.50000 11,590,000.00 11,590,000.00 1.00000000
A-6 74434UE91 0.00000 2,341,000.00 2,341,000.00 1.00000000
A-R 74434UF25 6.75000 100.00 100.00 1.00000000
AP 74434UF33 0.00000 2,741,680.82 2,733,393.82 0.99697740
M 74434UF41 6.75000 4,855,000.00 4,843,127.84 0.99755465
B-1 74434UF58 6.75000 2,697,000.00 2,690,404.90 0.99755465
B-2 74434UF66 6.75000 1,618,000.00 1,614,043.43 0.99755465
B-3 74434UH64 6.75000 1,834,000.00 1,829,515.23 0.99755465
B-4 74434UH72 6.75000 971,000.00 968,625.57 0.99755465
B-5 74434UH80 6.75000 971,880.05 969,503.48 0.99755467
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
PRINCIPAL DISTRIBUTION
Scheduled Unscheduled
Principal Principal Deferred Realized Principal
Class Distribution Distribution Accretion Interest Loss (1) Distribution
<S> <C> <C> <C> <C> <C> <C>
A-1 81,758.30 239,743.24 0.00 0.00 0.00 321,501.54
A-2 81,831.96 239,959.25 0.00 0.00 0.00 321,791.21
A-3 0.00 0.00 0.00 0.00 0.00 0.00
A-4 0.00 0.00 0.00 0.00 0.00 0.00
A-5 0.00 0.00 0.00 0.00 0.00 0.00
A-6 0.00 0.00 0.00 0.00 0.00 0.00
A-R 0.00 0.00 0.00 0.00 0.00 0.00
AP 2,493.77 284.04 0.00 0.00 0.00 2,777.82
M 3,981.37 0.00 0.00 0.00 0.00 3,981.37
B-1 2,211.69 0.00 0.00 0.00 0.00 2,211.69
B-2 1,326.85 0.00 0.00 0.00 0.00 1,326.85
B-3 1,503.98 0.00 0.00 0.00 0.00 1,503.98
B-4 796.27 0.00 0.00 0.00 0.00 796.27
B-5 790.54 0.00 0.00 0.00 6.45 790.54
<FN>
(1) Amount Does Not Include Excess Special Hazard, Bankruptcy, Or Fraud Losses Unless Otherwise Disclosed.
Please Refer To The Prospectus Supplement For A Full Description.
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
INTEREST DISTRIBUTION
Payment
Current Of Previously Current Non-Supported
Accrued Deferred Unpaid Interest Interest Interest
Class Interest Interest Shortfall Shortfall Shortfall
<S> <C> <C> <C> <C> <C>
A-1 559,892.56 0.00 0.00 0.00 0.00
A-2 409,421.46 0.00 0.00 0.00 0.00
A-3 38,863.12 0.00 0.00 0.00 0.00
A-4 38,500.00 0.00 0.00 0.00 0.00
A-5 72,437.50 0.00 0.00 0.00 0.00
A-6 0.00 0.00 0.00 0.00 0.00
A-R 0.56 0.00 0.00 0.00 0.00
AP 0.00 0.00 0.00 0.00 0.00
M 27,264.99 0.00 0.00 0.00 0.00
B-1 15,145.97 0.00 0.00 0.00 0.00
B-2 9,086.46 0.00 0.00 0.00 0.00
B-3 10,299.48 0.00 0.00 0.00 0.00
B-4 5,453.00 0.00 0.00 0.00 0.00
B-5 5,457.94 0.00 0.00 0.00 0.00
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
INTEREST DISTRIBUTION
Remaining Ending
Cumulative Unpaid Certificate/Notional Realized Interest
Class Interest Shortfall Balance Losses (2) Distribution
<S> <C> <C> <C> <C>
A-1 0.00 99,214,953.67 0.00 559,892.56
A-2 0.00 72,464,246.35 0.00 409,421.46
A-3 0.00 6,909,000.00 0.00 38,863.12
A-4 0.00 6,000,000.00 0.00 38,500.00
A-5 0.00 11,590,000.00 0.00 72,437.50
A-6 0.00 2,341,000.00 0.00 0.00
A-R 0.00 100.00 0.00 0.56
AP 0.00 2,733,393.82 0.00 0.00
M 0.00 4,843,127.84 0.00 27,264.99
B-1 0.00 2,690,404.90 0.00 15,145.97
B-2 0.00 1,614,043.43 0.00 9,086.46
B-3 0.00 1,829,515.23 0.00 10,299.48
B-4 0.00 968,625.57 0.00 5,453.00
B-5 0.00 969,503.48 0.00 5,457.94
<FN>
(2) Amount Does Not Include Excess Special Hazard, Bankruptcy, Or Fraud Losses Unless Otherwise Disclosed.
Please Refer To The Prospectus Supplement For A Full Description.
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
PREPAYMENT INTEREST SHORTFALL
<S> <C>
Total Prepayment Interest Shortfall 653.05
Servicing Fee Support 653.05
Non-Supported Prepayment Interest Shortfall 0.00
</TABLE>
<TABLE>
<CAPTION>
SERVICING FEES
<S> <C>
Gross Servicing Fee 35,840.97
Master Servicing Fee 3,580.36
Supported Prepayment/Curtailment Interest Shortfall 653.05
Net Servicing Fees 38,768.28
</TABLE>
<TABLE>
<CAPTION>
SERVICER ADVANCES
<S> <C>
Beginning Balance 0.00
Current Period Advances By Servicer 32,517.81
Reimbursement of Advances 0.00
Ending Cumulative Advances 32,517.81
</TABLE>
<TABLE>
<CAPTION>
DELINQUENCY STATUS
Current Unpaid
Number of Number Of Principal
Days Loans Balance
<S> <C> <C>
30 Days 0 0.00
60 Days 0 0.00
90+ Days 0 0.00
Foreclosure 0 0.00
REO 0 0.00
Totals 0 0.00
</TABLE>
<TABLE>
<CAPTION>
ADDITIONAL DELINQUENCY STATUS INFORMATION
<S> <C>
Principal Balance of Contaminated Properties 0.00
Periodic Advance 75,440.01
Current Period Realized Loss - Includes Interest Shortfall 6.45
Cumulative Realized Losses - Includes Interest Shortfall 49.63
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
COLLATERAL STATEMENT
<S> <C>
Collateral Description Fixed 30 Year Ratio Strip
Weighted Average Gross Coupon 7.159466%
Weighted Average Pass-Through Rate 6.750000%
Weighted Average Maturity (Stepdown Calculation) 355 Months
Beginning Scheduled Collateral Loan Count 719
Number of Loans Paid in Full 2
Ending Scheduled Collateral Loan Count 717
Beginning Scheduled Collateral Balance 214,824,602.02
Ending Scheduled Collateral Balance 214,167,914.29
Ending Actual Collateral Balance at 30-Jul-1996 214,532,782.13
Monthly P&I Constant 1,409,491.26
Class AP Deferred Amount 0.00
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
CREDIT ENHANCEMENT
Loss Description Original $ Original % Current $ Current %
<S> <C> <C> <C> <C>
Bankruptcy 209,264.92 0.09698129% 209,264.92 0.09771068%
Fraud 4,315,573.22 2.00000000% 4,315,573.22 2.01504190%
Special Hazard 3,965,591.19 1.83780508% 3,965,591.19 1.85162712%
<FN>
Limit of Subordination's Exposure for 100% of Certain Types of Losses
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
SUBORDINATION LEVEL
Class Original $ Original % Current $ Current %
<S> <C> <C> <C> <C>
A 12,946,880.05 6.00007433% 12,915,220.45 6.03041800%
M 8,091,880.05 3.75008354% 8,072,092.61 3.76904852%
B-1 5,394,880.05 2.50019164% 5,381,687.71 2.51283565%
B-2 3,776,880.05 1.75034919% 3,767,644.28 1.75920109%
B-3 1,942,880.05 0.90040417% 1,938,129.05 0.90495771%
B-4 971,880.05 0.45040601% 969,503.48 0.45268381%
B-5 0.00 0.00000000% 0.00 0.00000000%
<FN>
Please refer to the Prospectus Supplement For A Full Description Of Loss Exposure
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
OTHER ACCOUNTS
Account Beginning Current Period Current Period Ending
Type Balance Withdrawals Deposits Balance
<S> <C> <C> <C> <C>
Financial Security Premium 0.00 0.00 1,172.67 0.00
A-4 Rounding Account 999.99 0.00 0.00 999.99
A-4 and A-5 Reserve Fund 2,000.00 0.00 0.00 2,000.00
A-5 Rounding Account 999.99 0.00 0.00 999.99
</TABLE>
<PAGE>
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